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Given the Following Information

Question 40

Multiple Choice

Given the following information:
Petty cash balance: $450.00 Courier receipt: $82.50
Postage receipt: $ 48.00 Office Supplies receipt: $56.22
Business Meal receipt: $102.34 Cash on hand at the end of the month: $76.21
What is the amount of cash over and short?


A) debit $84.73
B) credit $84.73
C) debit $160.94
D) credit $160.94
E) no cash over or short would be recorded

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